|
|
| Effective, professional business intelligence systems and software. |
Business Intelligence (BI) refers to market information, industry analysis or any form of activities that a company employs to collect information. It also refers to the systems, technologies or practices used in the collection of such information. This data is however useless, until it is processed into structured and intelligent information for management perusal and action. The principal objective of any business intelligence system is to provide a foundation for better business analysis and informed decision making. |
|
|
A company could either engage an external business intelligence consultant company or set up their internal business intelligence team. This group will compile information regarding the company performance and possible areas and scope of improvements. They will also search for information from market analysis, customer surveys and records of other similar businesses and competitors. Business intelligence softwares enable the collection, access and analysis of such information.
There are various business intelligence software solutions from companies such as IBM, Oracle, Microsoft and other business intelligence solutions providers. Microsoft business intelligence systems work on MS SQL Server, which provides high storage capacity and intensive query capability. They leverage MS Office systems to deliver reporting and information to the users. The main advantage is that since most users are familiar with Ms Office, the cost and time of additional training is minimized. |
|
IBM business intelligence systems leverage analytics solutions to extract data from structured and unstructured data sources, which includes databases, web pages, text, audio or video. Oracle business intelligence systems are built on their Suite Enterprise platform and work with data extracted from other applications and third party systems such as SAP. Before going ahead with any installation, the business intelligence system requirements must be met. Most business intelligence software requirements concern hardware, operating systems, database, browsers and other software requirements specific to the business intelligence system. |
|
|
|
|
